The Corporate Library Finds Higher Investment Returns After Screening for Corporate Governance Risk

PORTLAND, ME, Apr 20 (MARKET WIRE) --
A study published by The Corporate Library, an independent corporate
governance research firm, found that screening for corporate governance
risk may yield superior investment returns. The study, conducted by a
third-party analytics firm, compared the performance of a hypothetical
"Governance Alpha Fund" (GAF) with the Russell 1000 benchmark over a
seven-year period. The hypothetical GAF was created using an exclusionary
screen based on The Corporate Library's historical, proprietary
governance risk ratings. Over the period of seven years, the GAF
outperformed the benchmark by more than 100 annualized basis points. The
study found the outperformance was largely attributable to The Corporate
Library's proprietary corporate governance screens.

"The hypothetical Governance Alpha Fund sets a strong foundation for the
creation of a commercially viable corporate governance-based investment
fund," said Ric Marshall, Chief Analyst for The Corporate Library and
author of the study.

"This independent analysis provides further validation of the efficacy of
our ten years of experience rating corporate governance risks," said
Richard A. Bennett, President and CEO of The Corporate Library.

Unlike corporate governance ratings that rank companies based on adherence
to a checklist of "best practices," The Corporate Library's ratings are
based on proprietary indicators of governance risk and are therefore
better designed to assist in investment decision-making than the
"one-size-fits-all" ratings produced by a compliance-based model. By
screening for companies with poor corporate governance and then
eliminating them from a given investment portfolio, The Corporate
Library's ratings may be used to inform investment decisions by
minimizing exposure to governance-related risk.

The study, titled "Investing In Corporate Governance: Corporate Governance
and Investment Returns" is available as a free download from The Corporate
Library's online store at
http://www.thecorporatelibrary.com/info.php?id=76.

About The Corporate Library

Now celebrating its tenth year, The Corporate Library is an independent
research firm focused on the U.S. and Canadian public market which offers
corporate governance information products, research services and data
products. It produces the definitive ratings of U.S. corporate boards of
directors, allowing businesses that subscribe to the service to evaluate
governance as an element of investment and other risk. Additional
information can be found at www.thecorporatelibrary.com.

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Contact:
Cheri Grimmett
Media Relations, The Corporate Library
Email Contact
207 553-5604

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